PicPay Casinos Brazil

There are lots of banking solutions that Brazilians can use to make casino deposits and withdrawals. But this makes it difficult for one to single out the most convenient one.

When it comes to iGaming, Brazilians have PicPay to thank for seamless casino transactions. It is a major e-payment service that thousands of residents use regularly.

On this page, you will find all there is to know about PicPay as an e-payment option. Stick around to learn about its strengths and weaknesses as well as the top casinos that accept it. Let’s go!

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Company name PicPay Serviços S.A
Website https://picpay.com/ 
Type e-wallet
Country Brazil
Casinos using it +100
Deposit/withdrawal time Instant/ 30 minutes
Year  2012
Fees Deposit: 0; Cash-out: N/A
About PicPay

About PicPay and How It Works

Right off the bat, PicPay Serviços is not a new payment method by any means. The concept has been in existence since 2012. Locally, it is popularly known as PicPay, a popular fintech company in Brazil.

PicPay is a digital wallet oriented only for online transactions in Brazil. It works a lot similarly to various renowned e-payment services like PayPal.

You simply need to deposit cash using a bank card to be able to transact. PicPay is entirely optimized for mobile use. As such, it has a downloadable app compatible with various operating systems.

Additionally, the payment service is the property of J&F Group, which is Banco Original SA’s parent company. PicPay’s headquarters are based in the state of Sao Paulo, but it also has a thriving office in Vitoria state.

The fintech brand has a youthful and vibrant vibe. This is because the company looks to appeal to the generation that depends entirely on mobile devices.

Aside from that, the company has developers, designers, and marketers. They all work around the clock to bring PicPay’s purpose to life. And thanks to the payment method, users can make payments and receive cash instantly and for free.

To use PicPay, users must have a bank account or a credit card. That way, you will be able to top up your PicPay wallet and transact freely.

Major Milestones

Over the years, PicPay has grown to become one of the biggest e-payment companies in Latin America. In fact, experts believe that it is a pioneer among electronic wallets in the country.

With the PicPay app, you can pay bills, transact with other users and merchants, and store money securely. Other services are also available, including phone balance recharge services, e-commerce, and payment of transport cards.

Currently, PicPay has upwards of 5000 employees that ensure every service is rendered seamlessly. Due to its approach, the e-wallet service currently has more than 36 million users all over Brazil. It also lets tourists create accounts for convenient transactions within the country.

Further, the e-payment service’s operations are overseen by the Brazilian Federation of Banks (FEBRABAN). This ensures that the company complies with Brazil’s regulations on safeguarding users’ money and information.

That aside, PicPay relates closely to the SPB (Sistema de Pagamentos Brasileiro) ‒Brazilian Payment System. This is a set of rules, measures, and rules that support electronic transactions between the Brazilian market and economic agents. It aims to protect against leaks and loss of funds.

In 2022, PicPay issued more than 12.5 million cards to new users. This goes to show how widely accepted the payment solution is.

While it is clear that credit cards are more popular in the country, about 75% of Brazilians prefer mobile transactions. This could explain why PicPay and similar services are becoming increasingly popular.

With online gambling gaining popularity in Brazil, it is imperative that you find a reliable and safe payment gateway. PicPay is among the most trustworthy payment solutions. And besides, lots of gambling sites in the country support it.

Fastest Withdrawal PicPay Casinos Reviewed

22Bet Review

Reviewed by: Peter Williams Updated: 02-05-2024

22Bet’s success can be attributed to various factors, including its extensive range of offerings. Tonybet, the owner and operator of the casino, also owns a few other gambling sites. Since its launch in 2019, the online casino has garnered a large following from players worldwide.

22Bet-Casino Games

Compared to most online casinos, 22Bet boasts a significant game library, comprising over 500 games from top game studios. You’ll find table games, slots, live games, and keno.

Moreover, the casino accepts a broad spectrum of payment solutions, including PicPay. The minimum deposit is 20 BRL, which is instant and free. The casino also recognizes the importance of mobile gambling and has ensured that most of the games featured on the site are mobile-friendly.


Online since: 2019

License: UKGC

Website: https://22bet.co.uk/sport

Qbet Casino Review

Reviewed by: Peter Williams Updated: 02-05-2024

For those seeking a fantastic casino with an impressive selection of games, QBet Casino is a top choice. Novatech Solutions is the innovative and unique gambling site’s owner and operator.

Launched in 2022, QBet is a relatively new online casino that operates under the laws of Curacao. The site also supports multiple languages, including English, Spanish, and Finnish, allowing players to switch between them as needed.

QBet Casino Promotions

With a current catalog of over 2800 games, the casino offers a wide selection of games. There are slots, poker, table games, and live dealer games.

The casino also accepts a variety of payment solutions, including PicPay. Using this payment method, the minimum top-up is 10 BRL. Transactions are completed in less than 10 seconds.


Online since: 2022

License: Curacao

Website: www.qbet.com

Very fast verification & payout

Mobile friendly

Good bonus conditions

Play Now

National Casino Review

Reviewed by: Peter Williams Updated: 02-05-2024

Lastly, we have National Casino. This site has a large user base, thanks to its impressive game catalog and excellent gaming experience. Playing at this casino is a decision you won’t regret.

Established in 2021, this gaming site is owned by TechSolutions Group N.V., a well-known operator in the iGaming industry. Despite its newness, the casino continuously updates its offerings with unique content to remain competitive.

National Casino Review

National Casino operates under the laws of Curacao. Our assessment confirms that it’s a safe gaming site. Also, it’s available in Brazil in the local language – Portuguese.

Currently, the casino boasts over 2000 games, including table games, slots, and live dealer games. Most of these games are mobile-friendly for easy on-the-go play.

If you wish to play them for real money, you’ll need a reliable payment method. In Brazil, PicPay will come in handy. The casino processes PicPay payments instantly and for free. Nonetheless, the minimum deposit is 50 BRL


Online since: 2021

License: Curacao

Website: nationalcasino.co

Home to world class software providers

Live chat is available 24/7

Most games are mobile-optimized

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How to Open a PicPay Account: Step-by-Step Guide

PicPay provides a way for Brazilians to store money, make and receive payments. Although popular, few people know how to set up a PicPay wallet. But we’ve put together this guide to make it easy for you. Follow these steps to get started pronto.

Time needed


Tools needed

Latop or mobile

Software needed

Online Browser

Download the PicPay app

Download the PicPay app

The payment service is specially designed for mobile use. You will need to download its app. So, grab your mobile device, download the app and install it.

You can download PicPay for free on the App Store or Google Play Store. Upon downloading and installing OT, click the ‘Create My PicPay Account’ button. You will be redirected to a registration form.

Activate your online banking service

Add a bank account or credit card

After entering your username and credentials, log in. To access the PicPay menu on the main page, click on the button on the top-left corner. Afterward, go to Credit Cards and click on the “Add Credit Card” button. Here you can opt to input the card’s data manually or to scan it using your mobile device.

The app will confirm the credit card automatically and display it on your PicPay menu. If you disable the app’s balance, your card will always be used for payments. However, you can opt to top up your PicPay wallet and not disable the balance.

Fund Your Wallet

Fund your wallet

To use PicPay, you must add funds to the account. This is referred to as the stored balance. Simply go to the main menu, click on the Add Money button, and specify the amount to top up.

You can add funds to your PicPay using PicPay or TED/DOC. Aside from that, other options such as Itaú, Banco do Brasil, and Bradesco are available too. By the way, PicPay only supports the Brazilian Real (R$).

Transaction charges

PicPay Transactional Charges in Brazil

As a Brazilian, you may have come across payment solutions that attract hefty fees just to process transactions. However, the situation is a lot different when it comes to PicPay. Although it involves the processing of transactions across platforms, its fees are quite pocket-friendly.

Since PicPay is an e-payment solution, you can rest assured that it does not have chargeback fees. Moreover, users do not need to worry about fraud risk.

Regarding online purchases, the PicPay app does not charge any fees. Moreover, the company does not impose interest charges on personal accounts. As such, you can go about your shopping without worrying about hidden charges.

Aside from that, PicPay understands that its users may also have commercial needs. For that reason, the company offers a Pro version that you can sign up for. This commercial version imposes a 1.99% fee on each payment received. Its perk is that it does not have a cap on how much money you can transact monthly.

When it comes to cashing out of your PicPay account for the first time, you won’t incur any charges. However, be ready to part with a fee of R$ 6.90 every time you make a withdrawal afterward.

PicPay limits the volume of transactions on personal accounts monthly. However, if your only concern is the fees, you need not worry. All credit card transactions below the R$ 800 cap are not subject to any fees.

As for online gamblers that wish to use PicPay for payments, there is good news. PicPay does not impose charges on payments made to online casinos. For the most part, PicPay casinos Brazil will also not charge you any fees.

It is worth noting that most PicPay casinos in Brazil will only accept the local currency (R$). As such, you should be ready to incur currency conversion fees if you already use a different currency.

For every PicPay transaction done using credit cards, the financial institution will impose a fee as well.

Pros and Cons of Using PicPay


  • Highly secure and safe to use
  • No hidden fees when topping up a casino account
  • Widely popular in Brazil
  • Accepted at most online casinos


  • Depending on the version, PicPay may impose limits
  • Only available in Brazil
PicPay vs. 3 Other Casino Deposit Options

PicPay vs. 3 Other Casino Deposit Options

While PicPay is such a popular payment solution, it may not appeal to every Brazilian for various reasons. This is why there are several other payment methods accepted by online casinos in the country. If you are searching for alternative ways to add funds to your casino account, here are three of the best:



PIX is among the leading payment gateways available in Brazil. It was introduced in 2020 and has since attracted millions of users countrywide. It has quickly revolutionized the country’s financial markets by ensuring instant transactions.

Pix is the property of the Central Bank of Brazil, created to be a life-changer. Like PicPay, PIX also only supports the local R$ currency. As such, it eliminates the need for currency conversion for Brazilians.
As a state-owned fintech company, PIX offers cutting-edge security levels. That way, you can be sure that your funds are always safe.

PIX is also available for online casino transactions. Note that you can transact up to a maximum of R$ 15000 per day using this service. Aside from that, it does not support casino withdrawals.



Boleto Bancário is yet another widely popular payment solution in Brazil. Currently, it boasts millions of users in the country due to its speedy and safe transactions. In the country, it is popularly known as Boleto, which loosely translates to a ticket.

With a boleto slip, you can transact at select supermarkets, drugstores, and merchants. Moreover, you do not need a bank account to use the service. Simply head to a boleto cashier to obtain your slip.

The payment solution does not impose fees on casino transactions. In addition, it also only supports the local R$ currency. You won’t have to worry about currency conversion fees.

Aside from that, the banking method is a payment ticket service. This means that you enjoy much-needed anonymity when making online payments.



This is yet another rapidly growing payment gateway solution available for Brazilians. Its main aim is to enable locals to transact with international companies. This provides much-needed convenience when making payments internationally.

When it comes to online gambling, INOVAPAY is widely used for its security and speed of transactions. It offers three distinct services, namely INOVAPAY.pin, INOVAPAY.gateway, and INOVAPAY.wallet.

That said, not all the services are relevant when it comes to iGaming. Only the e-wallet option is relevant to online casinos.

The payment solution is available for casino deposits and cash-outs. Whether making a casino top-up or withdrawal, you can always expect your funds within minutes. This makes it one of the best casino payment methods for Brazilians.

Final verdict


For years, digital transformation has propelled the growth of online casino payment methods. Unlike traditional banking solutions that take decades to attract a large user base, many fintech companies have managed to achieve impressive results in a short time.

One such interesting option is PicPay. This payment method is popular in Brazil.

Creating a PicPay account is a straightforward process, and their transfers are fast and seamless. This means depositing funds into your online casino account should be quick and safe, with no obstacles to worry about.

As soon as you confirm the payment, it will be processed immediately, and the deposited money will be deducted from your PicPay wallet balance. The entire deposit process is highly convenient and takes just a few minutes to complete.

Withdrawal times depend on the financial platform you use and the casino’s processing time. If the casino processes your withdrawal quickly, the money should be paid out instantly.

PicPay’s primary strength is its mobile capability. The service is available as a free downloadable mobile app with good usability.

The Android app requires an operating system of 4.1 or higher and occupies 50MB of space. The iOS app needs iOS 10.3 and takes up 348.8 MB of space.

Away from the technicalities, PicPay is an ideal payment solution for gamblers in Brazil!


Is PicPay available to foreigners?


Foreigners who are physically present in Brazil can use PicPay. The payment method is free to use and only requires an account with one of its partner financial institutions.

Is PicPay available for casino deposits and cash-outs?


Yes, the payment solution allows for casino top-ups and withdrawals. You won’t have to look for an alternative gateway when it comes to cash-outs.

Does PicPay impose fees on casino transactions?


PicPay offers several advantages, one of which is its directness. This way it significantly reduces operational costs, which ultimately benefits the end-user by lowering transaction fees. Consequently, most casinos do not impose additional fees on PicPay transactions

Is PIX available outside Brazil?


PicPay is presently limited to Brazil and Latin America. This only limits its usage to Brazilian citizens and tourists visiting the country.

What currencies does PicPay support?


At present, PicPay is exclusively tailored to the Brazilian financial market. Therefore, it only accepts the Brazilian BRL.

How long do PicPay casino deposits take?


PicPay usually processes transactions in less than 10 seconds, including casino deposits. However, the time it takes for the funds to appear in your casino account depends on the specific site you choose.

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Peter Williams

Head of Content Last Updated: April 19, 2023

Petter is passioned about fair gaming and online casinos. He reviews the deposit, verification & payout times of each of the casinos at fast.bet manually.